To all the Zidisha members am glad for you am expecting to boost my business with the funds that i will get and so i know that this is minimal amount this is why i intend to only purchase some worn out tools to increase my productivity as i intend to do more repairs and this needs tools.
About My business.
I began this enterprise as a repair garage for motorcycle but gradually due to the demands from my customer I had to introduce parts for replacing the worn out parts.
Summary of Start up expenses for my business.
Equipments and tools -115.8 dollars
Display and selling parts-231.6 dollars
Legal Documents - 69.5 dollars
Rent -46.3 dollars
Stationary- 57.5 dollars
Total Expense =521.3 dollars
Value of Assets
Long term assets -231.6 dollars
Current assets – 208.5 dollars
Others 115.8 dollars
Total – 555.99 dollars
Monthly ratings
Stock bought – 347.5 dollars
Stock sold -463.7 dollars
Profit = 115.8 dollars
You realize I have not indicated the monthly expenditures because this are catered for by the money got from repair,this helps me to maintain the stock and improve gradually from one level to another.
Am confident that through my little earnings I can service this loan effectively.
If I get this loan I want t expand my business by buying new stock to add to what I have to suit the needs of my customers who are increasing in number.
My name is Benson Nyakundi am a young entrepreneur who likes doing business,Since i was interested in the motorcycle parts and repair business I have a big dream of enlarging my enterprise to a big store.
This is a summary of my proposal.
Replacing of worn out tools and equipment. -115.400 Dollars
Purchasing new range of stock in the market-231.098 Dollars
Hiring extra premise to expand the business-57.77 Dollars
Totals =404.268 Dollars
Since i have the potential of doing business and able to repay the loan i will be very glad to boost my business because i know the starting loan will not be enough but i will make good use of the amount am given.
I believe that if i strengthen the key areas in my business i will get good returns,especially this first loan i want to buy special tools for my enterprise.
Enable me stock my motocycle shop
To all the Zidisha members am glad for you am expecting to boost my business with the funds that i will get and so i know that this is minimal amount this is why i intend to only purchase some worn out tools to increase my productivity as i intend to do more repairs and this needs tools.
About My business.
I began this enterprise as a repair garage for motorcycle but gradually due to the demands from my customer I had to introduce parts for replacing the worn out parts.
Summary of Start up expenses for my business.
Equipments and tools -115.8 dollars
Display and selling parts-231.6 dollars
Legal Documents - 69.5 dollars
Rent -46.3 dollars
Stationary- 57.5 dollars
Total Expense =521.3 dollars
Value of Assets
Long term assets -231.6 dollars
Current assets – 208.5 dollars
Others 115.8 dollars
Total – 555.99 dollars
Monthly ratings
Stock bought – 347.5 dollars
Stock sold -463.7 dollars
Profit = 115.8 dollars
You realize I have not indicated the monthly expenditures because this are catered for by the money got from repair,this helps me to maintain the stock and improve gradually from one level to another.
Am confident that through my little earnings I can service this loan effectively.
If I get this loan I want t expand my business by buying new stock to add to what I have to suit the needs of my customers who are increasing in number.
My name is Benson Nyakundi am a young entrepreneur who likes doing business,Since i was interested in the motorcycle parts and repair business I have a big dream of enlarging my enterprise to a big store.
This is a summary of my proposal.
Replacing of worn out tools and equipment. -115.400 Dollars
Purchasing new range of stock in the market-231.098 Dollars
Hiring extra premise to expand the business-57.77 Dollars
Totals =404.268 Dollars
Since i have the potential of doing business and able to repay the loan i will be very glad to boost my business because i know the starting loan will not be enough but i will make good use of the amount am given.
I believe that if i strengthen the key areas in my business i will get good returns,especially this first loan i want to buy special tools for my enterprise.